UTime Ltd (UTME)

[Monksdream]

UTME I could have broken down the one day chart into smaller time intervals but I an hourly will suffice
It’s a money losing share selling Chinese outfit like so many of currently. priced under a buck
I suspect the sudden enthusiasm in the first hour was attributed to Miss Fresh

[tw0122]

Boom

[hondaboost]

UTME, $2.45, July 14: here:

2023-07-14 Q UTME 2.40 2.64 2.20 2.46 0.01 5,115,705 5,957 2.06 2.69
2023-07-13 Q UTME 2.24 2.6999 1.9101 2.45 0.24 11,691,031 13,016 2.39 2.90
2023-07-12 Q UTME 2.50 2.52 1.98 2.21 -0.38 1,410,366 1,809 1.95 2.22
2023-07-11 Q UTME 2.00 2.83 1.97 2.59 0.58 2,193,749 5,052 2.31 2.76

[NASA11]

Why the huge drop?

[willlbone]

Big green day coming.

[wickerman]

$UTME ouch why you never buy "dips" on CHINESE SCAMS

With all their directors quitting this will probably dip all the way to .0001
Probably being delisted or worse and every dip buyer will be left holding the bag.

[willlbone]

What news caused this drop?

[Monksdream]

Utme halted

[Monksdream]

UTME the risingntide

[Nealio]

I believe there must be news pending. Low float...

[Awl416]

Wild

[Nealio]

Perking again

[Awl416]

Look at these 50k blocks again

[Triple nickle]

Three bucks and up on the table

[LowFloatLopes]

Agreed

[Awl416]

Funky action today. 50k blocks just trading hands

[INFINITI]

Oh gotcha

[Pt3]

China if you know what I mean during pandemic China Scam

[INFINITI]

This was @$107 what happened

[saigai]

bought 100 shares more just now. probably lose it all but thanks. take profits if you are smart

[jchords]

Good call

[saigai]

monday could be huge. im happy with my 500 shares. im just a nickel dimer these days as i wait on exrof and zim to pay me well

[saigai]

their products are all over amazon so maybe there is something to this. i jumped in ah for 500 shares

[saigai]

go to stockwits see link

https://stocktwits.com/symbol/UTME

[Imarket13]

Whats the rumour??

[saigai]

rumors here.. sometimes a good rumor is better than a good er

[KeepOn]

Something is churning.

[KeepOn]

What's with that big spike, though?

[ErnieBilco]

My biggest buying regret of 2021

[RockStarInvestor]

$UTME is a high risk stock. This is a slot machine set for you to lose 80% of the time. Put money in and it immediately drops. Cost averaging is a huge mistake

[halbroke1]

UTME $$$ GOING TO RUN WILD..BACK TO $100+ POSSIBLE.

[wesley_]

$5.69 nice

[REAGAN]

Not guessing Brah…$3.75 I am a buyer. Going in now for a triple bottom.

[REAGAN]

I am a buyer at $3.55-3.75

[REAGAN]

This aged well.

[Worthwalk]

I still think this makes a run to 20 bucks

[Worthwalk]

The short interest rate is 100 percent. They can’t hold the short position forever because they lose 8 percent a month just on interest payments. At some point they’ll be a cascade effect because as the price inches higher then they also lose unrealized P&L. They’ve been inching it down as they pay interest to keep total cost of ownership versus profit flat. It’s going to be more difficult to do that soon.

[rusty8350]

This turd finally posted some news. May have a little movement

[makinezmoney]

$UTME: Its at $5.55 Premarket


Guess again



GO $UTME

[REAGAN]

$UTME is going to $3.65

[makinezmoney]

$UTME: Boosting now at 6.30


Wayt beaten down



GO $UTME

[REAGAN]

Did you dump out? Seems like this either being heavily shorted or dilution?

[REAGAN]

Heard back from SEC.


HO::~01165373~::HO

Dear Reagan MacAvoy:

Thank you for your email to the U.S. Securities and Exchange Commission (SEC) regarding the Holding Foreign Companies Accountable Act.

As mandated by Congress, the SEC has adopted interim final amendments to implement submission and disclosure requirements of the Holding Foreign Companies Accountable Act. For more information, please review the fact sheet in our press release at https://www.sec.gov/news/press-release/2021-53. Also, a copy of the interim final rule is available here: https://www.sec.gov/rules/interim/2021/34-91364.pdf

Once again, thank you for contacting the SEC. Please let me know if you have any questions.

Sincerely,

David Powers
Investor Assistance Specialist
Office of Investor Education and Advocacy
U.S. Securities and Exchange Commission
[phone]
www.sec.gov
www.investor.gov
www.twitter.com/SEC_Investor_Ed

ref:_00D30JxQy._500t0qYh4AAAS:ref

[REAGAN]

need more buyers and active trading. The spread of $0.20 is bullchit.

[Worthwalk]

If this closes at highs today it will be very interesting tomorrow

[Worthwalk]

I think it’s possible this pops 10 percent a day or more soon

[REAGAN]

I agreed I have three about to pop and one started popping last week once I dump out I will move here. Not gonna put a measly $5k here It only sold off 3% from today’s highs. The buyers today know what is coming

[Worthwalk]

If this continues and breaks 8 in next few days it’s off to the races. I’m sitting and holding and watching. 8 is a squeeze point that I think will trigger a serious run.

[Worthwalk]

I sent the CEO an email and no reply. The total shares out on this is 8 million around which is nothing and really only 4 million in play as you said. I beleive this was shorted multiples of the float. Not sure how they are going to cover - I think a day is coming soon that it just explodes to 20 on a technical bounce which never happened after the stock collapse and really has to

[REAGAN]

That I don’t know enough about and not much information online. I emailed the help desk at the SEC and asked a ton of questions and asked for whatever they had in totality. This CEO has personally guaranteed his own real estate on $2m in loans. He owns 54% of the Company shares and he lists on the NASDAQ? That tells me he will do anything he has to remain listed in USA. As far as the stuff China is doing and worry about? None of his customers are Chinese! India is China’s adversary. China ISNT worried about anyone’s information being stolen only it’s own Chinese citizens. I think we’re good here. Having a Chinese company in India would allow the CCP to infiltrate India as well. Same with Africa and China. 8.2m shares and the CEO has 4m. I can not believe people were shorting this. If he puts out a real press release ( no IR ) but if they did? This will pop to $50. Good stuff here?